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Transport for London (TfL) has re-appointed Clear Channel's Adshel division to its bus shelter ad contract, worth pounds 250m over 10 years.
TfL expects to treble its income from the deal, with a guaranteed minimum annual revenue of pounds 15m.
Adshel, which has held the business since 1980, fought off JCDecaux, Viacom Outdoor and Maiden/Cemusa to retain the business.
The deal covers the sale of media …